KHETHINEXT

Hyderabad, India Founded: 2017 • Age: 9 yrs Minicorn
Mobile app that enables procurement of farm inputs and provides information

About KHETHINEXT

KHETHINEXT is a company based in Hyderabad (India) founded in 2017 by Phanidhar Palakoti. KHETHINEXT has raised $5.39 million across 2 funding rounds from investors including PALS Global Solutions and BVS Nature Fresh Product. KHETHINEXT offers products and services including KHETHINEXT Platform. KHETHINEXT operates in a competitive market with competitors including Esoko, Krishi Network, Tian Tian Xuenong, AgriSync and AGvisorPRO, among others.

  • Headquarter Hyderabad, India
  • Founders Phanidhar Palakoti
  • Stage Minicorn
  • Sectors
    Agriculture
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website khethinext.com
  • Social X
  • Legal Name Pals Agri Econnect Private Limited
  • Date of Incorporation 23 Oct, 2017
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Key Metrics
  • Total Equity Funding
    $5.39M (USD)

    in 2 rounds

  • Latest Funding Round
    $386.5K (USD), Series A

    May 2018

  • Investors

Products & Services of KHETHINEXT

KHETHINEXT offers a comprehensive portfolio of products and services, including KHETHINEXT Platform.

KHETHINEXT Platform
Digital Agriculture Platform

Platform connecting farmers with inputs, experts, buyers, and finance for better farming

Funding Insights of KHETHINEXT

KHETHINEXT has successfully raised a total of $5.39M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $386.5 thousand completed in May 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $5.39M
  • Total Rounds 2
  • Last Round Series A β€” $386,498
  • First Round $5M

    (Feb 2018)

  • Investors Count 2

All 2 funding rounds of KHETHINEXT with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2018$386,498Series A$1.28MBVS Nature Fresh Product
Feb 2018$5MSeries A––
–
Valuation history
DateValuationStage
May 2018$1.28Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.28M (May 2018). 2 investors in total: 2 institutional.

Investors in KHETHINEXT

KHETHINEXT has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include PALS Global Solutions and BVS Nature Fresh Product.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Provides cloud infrastructure, AI transformation, and security services to enterprises worldwide.
2014palsglobalsolutions.comHyderabad, India
Limited information available
–bvsnaturefreshproduct.tcc.modeHyderabad, India
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Investor details for KHETHINEXT

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Board of directors of Pals Agri Econnect Private Limited (KHETHINEXT)

Pals Agri Econnect Private Limited is the primary company behind KHETHINEXT. The board of Pals Agri Econnect Private Limited currently have 3 directors; the longest-serving is Raghu Alla Rami Reddy, appointed in 2017.

DirectorDesignationAppointedTenureEntity
Raghu Alla Rami Reddy
DIN 07777854
Director23 Oct 20178 yrs 11 moPals Agri Econnect Private Limited
Phanidhar Palakoti
DIN 06884986
Director23 Oct 20178 yrs 11 moPals Agri Econnect Private Limited
Pavani Chakrahari
DIN 07249251
Additional Director20 Aug 20188 yrs 1 moPals Agri Econnect Private Limited

People of KHETHINEXT

3 people are tracked at KHETHINEXT (3 in leadership).

NameRoleGroup
Founder & CEOLeadership
DirectorLeadership
Ar Raghuram Reddy
DirectorLeadership
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Complete people profiles for KHETHINEXT

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Timeline of KHETHINEXT

4 dated milestones of KHETHINEXT across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded KHETHINEXT is founded.
  2. Funding First funding round of $5.0M.
  3. Funding Latest funding round, Series A, of $386K.
  4. Milestone Reaches Minicorn status.

Competitors of KHETHINEXT

KHETHINEXT operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Esoko, Krishi Network, Tian Tian Xuenong, AgriSync and AGvisorPRO, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
esoko.com2007Accra, Ghana$2.75M–
Digital multi-platform apps are developed to connect with farmers.
krishinetwork.com2018Gurugram, India$1.76M3
Progressive farmers are connected with experts via an online platform.
ttxn.com2017Shenzhen, China––
An agriculture technology learning platform is provided for farmers.
agrisync.com2014Urbandale, United States$1.08M–
Video support platform for farmers and advisors is enabled.
getagvisorpro.com2021Calgary, Canada$3M–
Platform that connects users to experts in agriculture
grassrootsbio.com2007Durham, United States––
Modular and packaged air-cooled and water-cooled chillers are manufactured.
kuza.one2012Nairobi, Kenya–13
Provides digital microlearning platform for farming communities to learn, connect and grow
agribuddy.com2015Hong Kong, China$2.8M–
Cloud-based software solution for data recording and agronomy information
farmmorning.com2020Seoul, South Korea––
An online app-based platform offering advisory and content for farmers.
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Detailed competitors of KHETHINEXT

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Latest news on Khethinext

Pals Agri eConnect raises $5 million
Telangana Today β€’ 8 years ago
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Complete news archive for KHETHINEXT

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Similar companies to KHETHINEXT

10 companies that operate in the same segment as KHETHINEXT (Crop Tech & Equipment), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture
2010Pune, Maharashtra, IndiaUSD 76.38 MUSD 56.11 M702
Cannabis products are provided to support consumer wellness and health.
2013Smiths Falls, Ontario, Canada–USD 204.24 M960
Provider of plant-based food ingredients
2012St. Louis, Missouri, United StatesUSD 406.99 MUSD 470 M–
Robotic equipment for automating weeding on vegetable farms is developed.
2016San Francisco, California, United StatesUSD 139.96 M–73
Provider of farmers networking platform
2014San Carlos, California, United StatesUSD 983.39 M––
Manufacturer and distributor of irrigation equipment
1963Jalgaon, Maharashtra, India–USD 679.04 M12,280
AgroStar is engaged in providing agricultural products and solutions.
2013Pune, Maharashtra, IndiaUSD 208.82 MUSD 31.86 M1,249
Crop protection solutions and hybrid seeds are provided for farming.
2000Basel, Basel-stadt, Switzerland–––
SaaS-based B2B solutions for food supply chains are provided.
2015Gurugram, Haryana, IndiaUSD 51.11 MUSD 124.42 M373
DeHaat is recognized as an online marketplace for farmers.
2012Patna, Bihar, IndiaUSD 223.57 MUSD 240.09 M2,011
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Frequently Asked Questions about KHETHINEXT

KHETHINEXT was founded in 2017 and raised its 1st funding round 1 year after it was founded.

KHETHINEXT is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Phanidhar Palakoti is the current CEO of KHETHINEXT. They have also founded this company.

KHETHINEXT is a funded company, having raised a total of $5.39M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Feb 2018.

KHETHINEXT was founded in 2017 in Hyderabad, India, within the agritech sector. A mobile application is operated to facilitate farmers procurement of inputs at reduced costs, alongside provision of relevant information. Operations focus on enhancing produce quality, generating market demand, and supporting sales at improved margins through the platforms features.

KHETHINEXT's top competitors include AgriSync, Krishi Network and Kuza.

KHETHINEXT offers KHETHINEXT Platform.

KHETHINEXT has 2 investors. Key investors include PALS Global Solutions, and BVS Nature Fresh Product.

The valuation of KHETHINEXT is $1.28M as of May 2018.

KHETHINEXT operates through Pals Agri Econnect Private Limited.

The legal entities of KHETHINEXT currently have 3 directors, including Raghu Alla Rami Reddy, Phanidhar Palakoti, Pavani Chakrahari.

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